Franklin Templeton Mutual Fund announced the change in exit load of some funds
Jan 15 2020
News Category: Exit Load Change
Franklin Templeton Mutual Fund announced the change in exit load of Franklin India Feeder – Franklin U.S. Opportunities Fund, Franklin India Feeder – Franklin European Growth Fund and Franklin Asian Equity Fund effective Jan 15, 2020. As per the revised provision, 1% of the applicable NAV would be chargeable if units are redeemed or switched out within one year from the date of allotment. The AMC also announced the change in exit load for Franklin India Dynamic Asset Allocation Fund of Funds. As per the revised provision, no exit load is applicable for 10% of the units up to the completion of 12 months.